Bullish option flow detected in Melco Resorts with 10,830 calls trading, 4x expected, and implied vol increasing over 6 points to 65.08%. Dec-23 7 calls and Dec-23 7.5 calls are the most active options, with total volume in those strikes near 7,300 contracts. The Put/Call Ratio is 0.03. Earnings are expected on February 29th.
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